Shawnee Miller, CPA, P.C.

04/13/2026

02/26/2026

GOLD & SILVER

If you’re thinking of selling, know the federal income tax consequences.
The tax law treats physical holdings in precious metals, such as gold, silver,
platinum and the like, as collectibles. This is true whether you hold coins, bars,
ingots or other forms of physical holdings. When you sell, your gain or loss
is the difference between the selling price and your cost basis in the metal.
Most people who sell will have capital gain or loss. Capital gains from the sale
of precious metals held over a year are taxed at a capital gains rate of up to 28%.
Capital gains from the sale of precious metals held for a year or less are taxed
at ordinary income rates. If you sell for a loss, then you will have a capital loss.
If you invest in an exchange-traded fund or a mutual fund that holds physical gold
in its portfolio, and you sell more than a year later, your long-term capital gains rate
will be 0%, 15% or 20%, and not the 28% maximum rate for selling physical gold.

02/03/2026

Asked chat gpt to do a caricature based off what it knows from our chats 😆

01/26/2026

*Weather notice*

Open from 1pm - 5pm Monday January 26th

01/22/2026

Treasury and the share guidance on the permanent 100% additional first-year depreciation deduction for eligible depreciable property acquired after Jan. 19, 2025, provided by the One, Big, Beautiful Bill. Read more here: https://ow.ly/UfJF50XXpLT

01/02/2026

2026 Tax Brackets:
-Kiplinger tax newsletter-

12/19/2025

Inherited an IRA? New IRS final regulations issued July 18, 2024, end years of delays and require many beneficiaries to take required minimum distributions—or face a 25% penalty. Learn who’s affected and what to do.

12/05/2025

The and Treasury issued updated guidance on how to claim a deduction for tips or overtime compensation for tax year 2025. : Make sure your clients are aware and ready for filing season. https://ow.ly/4EfN50XxBll

11/24/2025

An offer in compromise allows you to settle your tax debt for less than the full amount you owe.